The federal government’s Thrift Savings Plan for service members and civilian employees will allow participants to transfer ...

Just as many private-sector employees can contribute to a 401(k) plan, active members of the United States armed forces can ...

When you take withdrawals from the Roth IRA, they will be tax-free. Thrift Savings Plan withdrawals are required once you ...

The 2023 Thrift Savings Plan contribution limit is $22,500, which applies to both traditional and Roth contributions made by an employee during the calendar year. If you’re age 50 or older (or ...

Participants ages 50 and up can make additional catch-up contributions of $7,500. Those ages 60 to 63 can make even higher catch-up contributions.

Saving for retirement will get a boost in 2025 thanks to higher contribution limits and the phase-in of provisions stemming from the Secure 2.0 Act.

Contribution limits for a traditional or Roth IRA increased last year ... as well as the federal government's Thrift Savings Plan, will increase to $23,000 in 2024, up from $22,500.

The elective deferral limit for 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan will increase ... to traditional and Roth IRAs will rise from $6,500 to $7,000.

Federal Employees Retirement System (FERS)/ Federal Employees Retirement System-Revised Annuity Employees (FERS-RAE): Federal employees are generally enrolled in either FERS or FERS-RAE. FERS is a ...